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Archive/Felix Somary
Erinnerungen eines politischen Meteorologen

Felix Somary · 1994

Erinnerungen eines politischen Meteorologen

108 sections
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Felix Somary, Erinnerungen eines politischen Meteorologen

Somary’s memoir fashions the banker-observer as a “political meteorologist”: someone trained to read pressure changes before others recognize the storm. The remembered self moves through drawing rooms, committees, embassies, and family scenes, treating private encounters as instruments for diagnosing European instability. Its authority rests on the memoirist’s claim to have heard the tremors of politics in conversation: a phrase, excuse, introduction, or committee appointment becomes evidence of how power actually circulates.

Die letzten Worte brachten einen persönlichen Stimmungsumschwung hervor. Lord Hillingdon entschuldigte sich nachdrücklich und bat mich um Erklärung dessen, was ich ausgeführt hatte.

English translation: The last words produced a personal change of mood. Lord Hillingdon apologized emphatically and asked me to explain what I had set forth.

This passage exemplifies Somary’s preferred narrative rhythm. Political insight begins as a social misunderstanding, then turns into recognition. The memoir repeatedly presents judgment not as abstract theory but as conversational pressure: once the interlocutor’s mood shifts, access opens, explanation becomes possible, and the observer’s forecast gains credibility. Somary’s political world is therefore intensely personal, but not merely anecdotal; its anecdotes are arranged to show how diplomacy depends on temperament, tact, and the ability to speak before official structures have caught up with events.

Wenige Sekunden später rief er mir nach: »Bleiben Sie mit mir in Verbindung. Bevor Sie nach Berlin gehen, will ich Ihnen einen Brief an meinen Freund Ballin mitgeben.«

English translation: A few seconds later he called after me: "Stay in touch with me. Before you go to Berlin, I want to give you a letter to take to my friend Ballin."

The invitation to remain “in Verbindung” captures the memoir’s network logic. Somary’s Europe is held together by letters of introduction, informal trust, and cross-border acquaintanceships, even as nationalism and war pull it apart. The reference to Ballin also points toward the book’s recurring interest in figures who stand between economics and statecraft. Commerce, shipping, credit, and diplomacy are not separate spheres; they are the weather systems through which political futures become visible.

That perspective is sharpened in the account of wartime or prewar organizational efforts, where Somary emphasizes the improvised character of political coordination. The memoir does not imagine power as purely parliamentary or bureaucratic. Instead, it dwells on ad hoc structures in which parties, financiers, and administrators search for workable forms of Central European order.

In den ohne Formalitäten konstituierten Arbeitsausschuß für Mitteleuropa delegierten die Zentrumspartei Erzberger und Rechenberg, die Konservativen Graf Westarp, die Nationalliberalen Schiffer, die Sozialdemokraten Schmidt.

English translation: To the working committee for Central Europe, constituted without formalities, the Centre Party delegated Erzberger and Rechenberg, the Conservatives Count Westarp, the National Liberals Schiffer, and the Social Democrats Schmidt.

The deliberately procedural sentence is revealing: names, parties, and the absence of formalities matter because they show politics forming itself in emergency. Somary’s memory records the committee not simply as an institution but as a symptom of an age trying to improvise coherence. His retrospective intelligence lies in seeing such improvisations as both necessary and fragile.

The memoir is also a study of exile in a broad sense. Somary is drawn to men whose talents are recognized abroad more readily than at home, and this becomes one of his diagnoses of Europe’s failures: nations often cannot use their most internationally capable figures. His portraits therefore carry a tragic comparative edge.

Beide Männer scheiterten in ihrem Vaterland. Jeder der beiden hatte nur im Ausland wirklichen Erfolg, und doch hatten sie eines gemeinsam: Außerhalb ihres Heimatlandes fühlten sie sich wie im Exil.

English translation: Both men failed in their native country. Each of them enjoyed real success only abroad, and yet they had one thing in common: outside their homeland they felt as if in exile.

This sentence condenses one of the book’s strongest themes: cosmopolitan competence does not erase belonging. Success abroad may confirm ability, but it can also intensify displacement. Somary’s “meteorology” thus includes emotional climates as well as political ones. He reads homesickness, pride, resentment, and estrangement as forces that shape public action.

Finally, the memoir does not wholly separate historical observation from domestic time. Personal milestones enter the same remembered chronology as diplomatic contacts and political alarms. The effect is not sentimental diversion but scale: European crisis is measured against the continuity of family life.

Am 20. Februar 1931 wurde unserer Ehe das erste Kind geboren, ein Mädchen, das wir Maria Theresia nannten.

English translation: On February 20, 1931, the first child of our marriage was born, a girl whom we named Maria Theresia.

Somary’s recollections therefore combine political diagnosis, social portraiture, and autobiographical anchoring. The work’s distinctive scholarly value lies in this fusion: it records how a financially and diplomatically connected observer understood the coming storms of modern Europe through encounters rather than systems alone. Its memoir form is inseparable from its argument that history is often first legible in the informal spaces where people hesitate, apologize, introduce, delegate, and remember.

Sections

This work was divided into 108 sections when it entered the library's research corpus—an apparatus for search and citation, not necessarily the author's own table of contents. Each title opens its summary.

  1. 1Title Page and Publication Metadata▾
  2. 2Table of Contents▾
  3. 3Foreword to the Memoirs▾
  4. 4Author's Preface: War, Crisis, and the Defense of Europe▾
  5. 5Youth Years▾
  6. 6The Storm Years at the University, 1899-1904▾
  7. 7Russo-Japanese War and Berlin University Years▾
  8. 8Joining the Anglo-Austrian Bank and the Russian Loan Crisis▾
  9. 9Industrial Finance, Paris Capital, and Austrian Credit Practice▾
  10. 10Freud, Agrarian Reform, Monopoly Theory, and Labor Capacity▾
  11. 11Origins of the Bosnian Crisis▾
  12. 12The Sandžak Railway Affair▾
  13. 13The Bosnian Annexation and Austro-Hungarian Federalist Reform Plans▾
  14. 14The Annexation of Bosnia Continued▾
  15. 15At Ernest Cassel on the Riederfurka▾
  16. 16At Ernest Cassel’s Riederfurka: Leaving Vienna and Switzerland▾
  17. 17The Decision to Leave Vienna▾
  18. 18The Crisis in Theoretical Economics, 1909▾
  19. 19Farewell to Vienna, 1909▾
  20. 20The Plan for Anglo-German Détente, Berlin 1910–1914▾
  21. 21Implementing the Naval Program, 1911–1912▾
  22. 22Austria-Hungary Acquires the Orient Railways, 1913▾
  23. 23The Baghdad Railway, 1914▾
  24. 24China’s Monetary Reform Proposal and the Loans of 1913–1914▾
  25. 25June and July 1914: Loans, Sarajevo, and War▾
  26. 26Could the First World War Have Been Avoided?▾
  27. 27The First World War: My German Mission to Belgium▾
  28. 28The Wartime Economy Meeting at the Reich Office of the Interior, 15 November 1914▾
  29. 29End of the Belgian Mission, November 1914 to Spring 1915▾
  30. 30My Book Bankpolitik, Berlin 1915▾
  31. 31Interruption of My Banking Activity During the War▾
  32. 32The Working Committee for Central Europe, 1916▾
  33. 33The Unrestricted Submarine War, 1916▾
  34. 34The Day with Ludendorff in Kreuznach, 1917▾
  35. 35The Situation in the East▾
  36. 36The Bucharest Peace Treaty and Count Tisza, Spring 1918▾
  37. 37Max Weber and Schumpeter in Vienna▾
  38. 38Austrian Mission to Bern and Vienna, November 1918 to January 1919▾
  39. 39The Beginning of Banking Activity in Switzerland, 1919▾
  40. 40The Banking House Blankart & Cie. in Zurich, 1919–1926▾
  41. 41Bankruptcy or Currency Collapse, 1919–1924▾
  42. 42Rapallo and the German Timber Credit, 1922▾
  43. 43From 1922 to 1929▾
  44. 44The Distant Lightning of the Crisis: The Fight for Free Trade (1924–1927)▾
  45. 45The Years Before the Crisis (1926–1929)▾
  46. 46The World Crisis (1929–1932)▾
  47. 47My Marriage (2 April 1930)▾
  48. 48The Political Consequences of the Crisis▾
  49. 49Peak of the Crisis in 1931▾
  50. 50The Crisis Turn of June 1932▾
  51. 51The Lausanne Conference and Papen’s War Proposal▾
  52. 52Adoption of Swiss Citizenship▾
  53. 53Hitler’s Coming, the Schacht Letter, Leipzig Speech, and London World Conference▾
  54. 54The Saarbrücken Lecture and the Saar Question▾
  55. 55Switzerland, Austria, and Nazi Germany in 1934–1935▾
  56. 56Siebeck’s Suicide and the Destruction of German Academic Publishing▾
  57. 57Swiss Devaluation and the Moral Collapse of Monetary Policy▾
  58. 58Carter Glass, the Federal Reserve, and American Inflation▾
  59. 59Intellectual Preparation for the Second World War, 1936–1938▾
  60. 60The Precursor of the Second World War: The Occupation of Austria, 1938▾
  61. 61Summer 1938 to September 1, 1939: Swiss War-Economic Preparation▾
  62. 62The Swiss Mission to Washington: War Options Contracts, Spring 1939▾
  63. 63The Summer of 1939▾
  64. 64World War II: Continuing the Swiss Mission in Washington, 1939–1941▾
  65. 65War Experiences in Washington: Bureaucracy, Roosevelt, and American War Organization▾
  66. 66The War with Japan: American Policy, Pearl Harbor, and Improvisation▾
  67. 67Days at Sugar Hill: Chief Justice Stone and the Peace Question▾
  68. 68The Quebec Conference, September 1944▾
  69. 69The Struggle over the Mikado, 1945▾
  70. 70Currency Questions before the Landings in North Africa and Normandy▾
  71. 71Bretton Woods, 1944▾
  72. 72The Transformation of Political and Social America during the War Years▾
  73. 73American Society and Schooling in the Second World War▾
  74. 74Return to Liberated Paris and First Impressions of Allied Occupation▾
  75. 75Maurice Mayer, the French Résistance, and the Road toward Switzerland▾
  76. 76Dijon Hunger, Geneva Reflections, and Franco-German Reconciliation▾
  77. 77Postwar Switzerland, Potsdam, and the Search for a European Settlement▾
  78. 78Paris Talks with Bidault and Wawrin and the Return to Washington▾
  79. 79Truman’s America, Democratic Leadership, and Schumpeter’s Pessimism▾
  80. 80Swiss Assets, U.S. Policy, and Somary’s Critique of the Marshall Plan▾
  81. 81Karl Renner’s Letters and the Czechoslovak Case: Introduction▾
  82. 82Karl Renner's Two Letters on Postwar Austria▾
  83. 83Czechoslovakia, the Prague Coup, and the Turn in American Policy▾
  84. 84The Death of May Somary▾
  85. 85Korea, 1950▾
  86. 86The Crisis of Democracy: A Warning to America▾
  87. 87Why Do You Still Remain Active in Life?▾
  88. 88Appendix: Images and 1912 Facsimile Material▾
  89. 89Warning to Germany before the First World War▾
  90. 90Memorandum on the Future of Poland▾
  91. 91Warning to Germany against Unrestricted Submarine Warfare and Its Consequences for Empire and Dynasty▾
  92. 92Consequences of American Entry into the War▾
  93. 93Logistical Conditions for a Submarine Blockade of Britain▾
  94. 94Critique of Hard-Line Press Agitation for U-Boat War▾
  95. 95Warning to Germany about America and submarine war (continuation)▾
  96. 96Warning to Germany against Unlimited Inflation and Its Consequences▾
  97. 97Warning before the Coming World Crisis▾
  98. 98Warning to England before Hitler’s Rise and a Second World War▾
  99. 99Warning to America before the Conflict with Russia▾
  100. 100Warning to America about the Dangers of Its World Position▾
  101. 101Warning to America before the Coming New Crisis▾
  102. 102Do Crises Belong to the Past?▾
  103. 103Introduction to Political Economy▾
  104. 104Germany between the Two World Powers▾
  105. 105The Social Laws of Inverse Proportion: The Twenty Laws▾
  106. 106The Effects of the Social Laws: Popular Sovereignty and World Tyranny▾
  107. 107The Future Prospects of Democracies▾
  108. 108Bibliography of Felix Somary’s Publications▾

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